Campbell Soup (NASDAQ:CPB) Issues FY25 Earnings Guidance

Campbell Soup (NASDAQ:CPB - Get Free Report) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $2.95-$3.05 for the period, compared to the consensus EPS estimate of $3.13. The company issued revenue guidance of $10.21-$10.40 billion, compared to the consensus revenue estimate of $10.46 billion. Campbell Soup also updated its FY 2025 guidance to 2.950-3.050 EPS.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Royal Bank of Canada reduced their target price on Campbell Soup from $51.00 to $44.00 and set a "sector perform" rating for the company in a research note on Thursday. DA Davidson restated a "neutral" rating and issued a $51.00 target price on shares of Campbell Soup in a research note on Wednesday, December 4th. Bank of America reduced their price objective on Campbell Soup from $45.00 to $41.00 and set an "underperform" rating for the company in a research note on Thursday. Jefferies Financial Group reduced their price objective on Campbell Soup from $42.00 to $40.00 and set a "hold" rating for the company in a research note on Wednesday. Finally, JPMorgan Chase & Co. lowered Campbell Soup from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $48.00 to $37.00 in a research note on Thursday. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $46.36.

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Campbell Soup Price Performance

Shares of NASDAQ:CPB traded up $2.02 during trading on Friday, reaching $41.81. 6,629,049 shares of the company's stock traded hands, compared to its average volume of 2,565,971. Campbell Soup has a fifty-two week low of $36.92 and a fifty-two week high of $52.81. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 1.74. The firm has a market cap of $12.46 billion, a PE ratio of 22.85, a P/E/G ratio of 2.71 and a beta of 0.19. The company has a 50-day simple moving average of $39.39 and a 200-day simple moving average of $44.36.

Campbell Soup (NASDAQ:CPB - Get Free Report) last posted its earnings results on Wednesday, March 5th. The company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.01. Campbell Soup had a return on equity of 23.79% and a net margin of 5.57%. The firm had revenue of $2.69 billion for the quarter, compared to analysts' expectations of $2.74 billion. The firm's revenue for the quarter was up 9.3% compared to the same quarter last year. As a group, analysts predict that Campbell Soup will post 3.15 earnings per share for the current year.

Campbell Soup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Thursday, April 3rd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend is Thursday, April 3rd. Campbell Soup's payout ratio is 85.25%.

Insider Buying and Selling

In related news, EVP Anthony Sanzio sold 2,000 shares of Campbell Soup stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $41.90, for a total value of $83,800.00. Following the sale, the executive vice president now directly owns 16,551 shares in the company, valued at approximately $693,486.90. The trade was a 10.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 20.19% of the stock is currently owned by insiders.

Campbell Soup Company Profile

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.